It is a broadly described annual report of Pragati Life Insurance Limited in the year of 2010. Company’s overall ratio of claims including survival benefit, maturity, and death claim to guns premium is 16.56% which is an inconsistency with market standards. Company’s excess of income over outgo added b the Life Fund during this year is Taka. 607.87 million. The total Life Fund stands at Taka. 2,119.10 million, which is 40.22 % more than 2009. Management expenses to gross premium income are 68.99 %.
The Board of Directors recommended the stock dividend @ 12% is 12 Bonus share on each 100 share for the year 2010, subject to the approval of the Shareholders. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
More Annual Report of Pragati Life Insurance Limited:
- Annual Report 2010 of Pragati Life Insurance Limited
- Annual Report 2011 of Pragati Life Insurance Limited
- Annual Report 2012 of Pragati Life Insurance Limited
- Annual Report 2013 of Pragati Life Insurance Limited
- Annual Report 2015 of Pragati Life Insurance Limited
- Annual Report 2016 of Pragati Life Insurance Limited
